Limited Liability Companies

Limited liability companies are similar to a corporation in that the owners have limited personal liability for the debts and actions of the business.

Last Will And Testament

A will or testament, commonly referred to as a last will and testament is a legal declaration explaining how an estate or property will be managed after the writer of the will, called the testator, dies.Creating a will gives you sole discretion over what will happen to your assets, letting you decide who gets what. Generally, a last will and testament should contain the name of the person who will be in charge, called the executor and ideally it will be typed or printed out, singed by the testator as well as witnesses. A last will and testament that reflects the wishes of a testator can provide the peace of mind that one's death will not cause additional, unnecessary stress and frustration for the most important people in one's life.

Conservatorship Information

A conservatorship is a court proceeding that grants one or more people the authority to make financial or health care decisions for another because of a mental or physical incapacity that renders a person unable to make informed and sound decisions. A conservatorship can be over the person, the estate, or both. The person appointed by the court to make decisions is called the conservator, and the person about whom decisions will be made is called the conservatee. Conservators are generally family members or a professional conservatorship company and in some cases, the Public Guardian's office may be appointed. Regardless of who the conservator is, their duty is to act solely in the best interests of the conservatee. To insure this, court evaluation, supervision and monitoring of the conservatorship is established.

What is Conservatorship

It is a court process that helps appoint a person to protect and manage the financial affairs and/or the person's daily life due to being disabled. To become a conservator either the party intending to be the conservator or another loved one responsible for the adult will petition the court to appoint the conservator. Conservatorship can be both expensive and time consuming. This process can be avoided by doing a simple Financial Power of Attorney which takes minutes and is low cost. A guardianship may be needed also for the disabled person. The same person or a separate person can be named by the courts. The cost rises if both processes are needed.

What Is a Power of Attorney? | Financial Terms

Learn what a Power of Attorney means in this Howcast personal finance video with expert Gregory McGraime.

Reasons to Start an LLC Business

There are various resources that tell you how to start an LLC business. But, there is a big difference between knowing and actually doing the right thing. When you start an LLC business, it is important to have a good grasp of why you are doing it. More than knowing how to start the business, you have to find reason in why you are getting into business in the first place. Here are some of the reasons that could motivate you in starting your own LLC:

- To make money out of something that you enjoy doing

Locals enjoy doing several things, but not everyone could profit from what they do. If gardening in the backyard, for example, is a passion, you might want to think about selling your harvest. You can always turn your hobby into a small business and generate income from something you love doing. As they say, if you enjoy what you are doing, it would not feel like you are working. You can start an LLC business that you can operate from your own home with your relatives and perhaps a small group of friends as your members.

- To get a slice of the pie

Recent years saw a surge in products marketed based on health benefits. The green revolution has begun and this puts at an advantage being an agricultural state. If other companies can sell health-based products, so can you. Identifying a niche that has not been saturated yet will give you a bigger chance of getting a bigger share of the pie so to speak. This goal is enough to sustain your interest even after you start an LLC business.

- To help the community

Did not earn the nickname "The Volunteer State" for nothing. This sense of community can be a source of profits as well. You can hit two birds with one stone when you start an LLC business: you get to help your community and you earn profits in the process. You can think about employing people from your community too as a way of helping ease the unemployment rate in your locality. On a more personal note, you will be helping the people you employ put food on the table and send their kids to school.

- To be your own boss

This sounds cliché but it is true. Most folks would love a life of self-sufficiency and without having to be at the beck and call of someone else out of fear of losing a job. It's also the best way to regain whatever self-confidence you may have lost at the expense of some power-trippers.

- To have a source of income because the day job is not enough

Those who are employed do not necessarily get enough money to support all their family's needs. Some have even taken pay cuts just to stay employed. With a business, they can augment their incomes to bring home more earnings. Putting up a small business like an LLC will give these people another source of income stream that they can use to provide their family's needs.

When you are clear about why you want to start an LLC business, it is easier for you to stay on track towards your business goals. All your action plans will have to revolve around your motivation for doing business.

If you are looking for information on start an LLC business in Tennessee, click on the link. Or you can visit http://www.ezonlinefiling.com/.

Article Source: http://EzineArticles.com/?expert=Pete_Morgan

Article Source: http://EzineArticles.com/7875119

Considerations in Filing for an LLC

Setting up an LLC and other states has become a popular option for many small business owners because of the many benefits it offers. A limited liability company puts together the advantages of a sole proprietorship, a partnership, and a corporation all in one business entity. This means compete control, tax benefits, and limited liability. The interest in LLCs continues to grow as more and more business owners are able to realize its advantages over other business types.

Before starting an LLC, there are some considerations that should be kept in mind. Taking note of these considerations will ensure that the processing of its registration with the appropriate government agencies will go faster and smoother. When the paperwork is completed properly, there will be no questions as to the LLC's legality.

First, the members filing for LLC should decide on the name of the business. This should meet the standards in LLC names set by the state government. To know the availability and aptness of the name, the business name database can be utilized for verification. Also, the name for an LLC can be reserved for four months by filing an application as well.

The next step is submitting the LLC's Articles of Organization. These articles should include all the necessary information about the LLC such as the name and address of LLC, its registered agent, and its duration. Also, how the LLC will be managed and who will manage the LLC should be stated in the Articles of Organization. Under the law, these are all filed with the office of the Secretary of State through mail.

The Operating Agreement should be processed after the filing of the Articles of Organization. Though this is not required by the state's government, it is still highly advisable. This is essential to define each member's responsibilities and liabilities. With Operating Agreement, the members can be protected from being personally liable if ever the business becomes bankrupt. Aside from the statement of responsibilities and liabilities, other information can be included as well. This includes the business nature, concept, and mission statement.

Lastly, business permits and licenses should be acquired. These vary depending on state laws. The business licenses that need to be obtained depend on the nature of the business and its location. Aside from that, the LLC businesses are all required to submit annual reports. This is also submitted to the Secretary of State on the designated date and can be done through mail or online filing. Knowing about all these requirements will help business owners keep track of their filing schedules to ensure that they are always compliant with all the government's documentation and reportorial requirements.

If you are looking for information on LLC in Tennessee, click on the link. Or you can visit http://www.ezonlinefiling.com/.

Article Source: http://EzineArticles.com/?expert=Pete_Morgan

Article Source: http://EzineArticles.com/7874990

What Is a Trust? | Financial Terms

Learn about trusts in this Howcast finance video with expert Gregory McGraime.

What Is a Will? | Financial Terms

Learn about Wills in this Howcast finance video with expert Gregory McGraime.

What Is a Beneficiary? | Financial Terms

Learn what a beneficiary is in this Howcast finance video with expert Gregory McGraime.

What Is a Living Will? | Financial Terms

Learn about Living Wills in this Howcast finance video with expert Gregory McGraime.

What's a Power of Attorney?

Learn how to give someone power of attorney by filling out an appropriate Power of Attorney form.

About By The People

Rene & Tammy Bojorquez

Owners

BY THE PEOPLE of Fairfield has helped thousands of people in the Solano County Area since 2004. We have assisted people in preparing the paperwork for many different uncontested legal matters, and we can help you, too! We try to make each process as simple and fast as possible, as well as affordable. Our fees are a fraction of the cost that you would pay at an attorney’s office. Please call or stop in for more information. There is no cost or obligation to stop in and have an initial consultation with us. We offer a friendly and relaxed atmosphere at our office, which we think you will find very comfortable.

http://www.bythepeopleca.com/

By The People Fairfield CA

Rene talks about how By The People in Fairfield can help people with legal matters in an inexpensive way. See more at http://www.bythepeopleca.com

By The People - Probate

If you are having to go through the Probate Process with the court, let BY THE PEOPLE help.

We may be able to assist you in representing yourself, by preparing the documents needed, filing the paperwork with the court, setting court dates, arranging for publication, and many other steps needed to complete the process.

Our fees are 1% of the value of the estate (up to $3,500.00). Any fees for the courts, probate referee, publication will be extra.

By The People - Living Trusts/Wills

Living Trusts are a way for you to make sure that your estate goes to who you want it to go to, without having to go through the Delay, Agony and Expense of Probate.

By the People can assist with creating Single Living Trust for one person, or Joint Living Trusts for Married Couples.

Our Living Trust Package includes:

• Articles of Trust 
• Wills 
• Financial Power of Attorney 
• CA Advanced Health Care Directive 
• HIPAA Release 

Our fees are $499.00 for a Single Living Trust or $599.00 for a Joint Living Trust

Defining Legal Terms - By The People Fairfield CA

Rene goes over what types of questions they can help answer at By The People. A lega document preparation company. See more at http://www.bythepeopleca.com

Business Laws : Forming an LLC

Forming a LLC, or limited liability company, requires contacting the Small Business Administration to find out what type of licenses and registrations are needed to be filed.

DIVORCE !!! Easier than you think? - By The People Fairfield CA

Rene goes over how a divorce does not always need to involve a full legal team. He explains the process of how By The People can help file the paperwork necessary for the courts. See more at http://www.bythepeopleca.com

By The People FAQ's

• Are BY THE PEOPLE Personnel attorneys? No, we are not attorneys. We are Legal Document Assistants. In California, we are a licensed and bonded profession.

• What if I need legal advise? You can always consult with an attorney of your choice. We can provide you with a referral for an excellent local attorney who specializes in cases similar to yours if you have questions we cannot answer for you, or your situation is more complicated than our services are meant to help with.

• Do you have a Notary Public? Yes, whenever we are open we have a Notary Public on staff. If you are a BY THE PEOPLE customer, all Notarizations of your documents are included in our fees. If you have documents not prepared by BY THE PEOPLE, we charge $10.00 per signature you need notarized, in Cash Only. You must sign the document in our presence and provide valid photo identification.

• Does BY THE PEOPLE handle Criminal Matters? No, we only handle uncontested civil matters. However, if you would like to contact us, we may be able to refer an excellent local attorney to you.

• I need to have my documents prepared immediately. Do you have Rush or Same-Day document preparation services? Yes, we can prepare certain documents within a few hours, if necessary. Rush and Same-Day services are available for the following documents: Wills, Powers of Attorney, Health Care Directives, Deeds, LLC and Incorporation Articles. A modest Rush Fees will apply to these services.

• How long will it take to prepare my documents? The documents we prepare at BY THE PEOPLE are typed specifically at your direction. All documents are then rigorously proofed to ensure you receive the highest quality legal documents available anywhere. Most of our documents are prepared and ready for you to sign within one week, depending on your situation.

By The People - Incorporation/LLC

Let  By The People help you set up  your Corporation or LLC.

 

We will create your Company Articles, file them with the Secretary of State, and create an Organizational Kit for you, including: Sample Bylaws and Minutes, Seal, Shares, and Misc. Needed Forms.

 

 

Give us a call at (707) 428-9871

How to Become Someone's Power of Attorney

Becoming someone's power of attorney allows a person to make financial or legal decisions for another person if that person cannot make their own decisions.

Wills vs. Power of Attorney

A will is in effect after death, but power of attorney is a living document. If a person is alive but incapacitated, the rights over assets and their care can be given to a third party.

Estate Planning : Purpose of a Living Will

A living will, or advance directive, gives a named person the ability to 'pull the plug' in some medical instances.

Happy 4th of July!

Have a Safe and Happy 4th of July!!

Estate Planning : What Is Made Public in a Probate?

Many probate courts place entire wills and asset lists in public record or make them available online. Learn about what goes public in probate from an estate planning and probate lawyer in this free video on estate law.

Estate Planning : The Purpose of an Irrevocable Living Trust

Irrevocable living trusts are rare and mainly used to keep the IRS from taxing the death benefit of a life insurance policy. Learn the purpose of an irrevocable living trust from an estate planning and probate lawyer in this free video on estate law.

Estate Planning : Have You Been Named in the Will?

If you are a beneficiary in a will, you will most likely receive notice after the will is entered in probate court. Learn what to do if you have been named in a will from an estate planning and probate lawyer in this free video on estate law.